Daily Archives: February 21, 2013

Obama Finally Admits He’s Cutting Medicare

In an announcement on Friday, however, the Obama administration revealed that it would be significantly reducing funding for Medicare, a move that one health insurance analyst said “would turn almost every plan in the industry unprofitable.” Health insurance stocks tumbled … Continue reading

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$44 Billion in Improper Medicare Payments

The Government Accountability Office (GAO) ranked Medicare on it’s list of high financial risks facing government agencies, making an estimate of $44 billion in improper payments made by the program in 2012. $44 billion is roughly the same amount of … Continue reading

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Coal Regs A Laughing Matter to EPA

In testimony to a congressional subcommittee in October 2011, the American Coal Council noted that an increasing number of coal generators were shutting down their power plants because they couldn’t meet environmental objectives: “Why are some folks gleeful about that?” … Continue reading

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